LyfeAccounting
JUNE 7, 2021
Did you know that some countries have zero income taxes? If you use places like Dubai, Monaco, or the Bahamas as your primary residence then you don’t have to pay any taxes. Well, there are other states that give you great tax benefits as well. So how do you get passive income? Not into changing your citizenship?
LyfeAccounting
JULY 1, 2021
But in 1931, Capone was found guilty of 22 counts of federal income tax evasion and was convicted to 11 years in federal prison, in addition to $215,000 plus interest due on back taxes. You see, despite publicly displaying his wealth, Capone never filed a Federal tax return. And, we also offer tax resolution services.
LyfeAccounting
OCTOBER 29, 2020
increase in taxes if you’re making over $400,000 under Biden‘s proposal. On the other hand, Trump would like to keep the 37% tax rate and has hinted at adjusting the middle income tax payer rate to 15%. Now Biden would like to see itemize deductions capped at 28% for the taxpayers with incomes over 400,000.
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